Hedge Funds and Technology
Ken Griffin is your typical successful investment banker, always looking for the next big score, always snorting and pawing the ground, eager to make the investment large. A real Bull on Wall Street, Kenneth Griffin is the founder and CEO of Citadel. The whole group of businesses are: Citadel, Citadel Securities, and Citadel Technology. Citadel As CEO of Citadel LLC, Ken Griffin manages one of the biggest hedge funds based in Chicago. When it comes to leading the industry in assets management of an alternative nature, Citadel is one of the very top firms. It was from his days working closely with Frank Meyer, who as a hedge fund pioneer who helped start Glenwood Partners in Chicago. Kenneth had caught Mr. Meyer’s attention with his first trading business, which he built by himself, from his Harvard dorm room in 1987. With mentoring from Frank Meyer, Kenneth grew his hedge fund business until one day when it took on the name: Citadel. Citadel Securities Citadel Securities is financially diverse as it excels as a leader in providing liquidity to the capital markets of the United States. This leadership is shown across many types of investments, including options, equities, Treasuries, futures, FX and interest rate swapping assets. They drive market transformation through advanced platforms that rely on new electronic venues. These new venues enhance the levels of execution, bring great cost savings, and produce better transparency. In this way, the investment field is leveled for all their client investors. Citadel Technology Using high technology to provide better investment solutions is what Citadel Technology is all about. With a demonstrated successful track record with investment solutions, they partner with their clients to transfer new technologies and ideas to transform their clients’ investment performance. They leverage their market insights to produce new solutions for future generations of investors. Kenneth Griffin’s Background As a member of the Chicago Public Education Fund’s Board of Directors, Mr. Griffin shows his committed support of education causes. He sees this as doing his part to improve the community, through better education. He himself had earned a degree from Harvard. He also is a member of the Board of Trustees for the University of Chicago, the Art Institute of Chicago, the Whitney Museum, and the Museum of Contemporary Art. In this way Ken Griffin also enthusiastically supports the cultural and civic institutions. He is also a member of many business organizations, such as the G100, the Economic Club of Chicago, and the Civic Committee of the Commercial Club of Chicago.